CFO David Jolley of Domo Inc (DOMO, Financial) sold 12,000 shares of the company on April 11, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $8.5 per share, resulting in a total sale amount of $102,000.
Domo Inc is a software company that specializes in business intelligence tools and data visualization. The company provides a cloud-based platform that helps managers and executives manage and analyze various forms of business data.
Over the past year, the insider has sold a total of 35,338 shares and purchased 5,000 shares of Domo Inc. The recent sale by the insider is part of a broader trend observed within the company. There have been 6 insider buys and 8 insider sells over the past year.
On the valuation front, Domo Inc's shares were trading at $8.5 on the day of the insider's recent transaction, giving the company a market cap of $315.275 million. The stock's price-to-GF-Value ratio stands at 0.43, with a GF Value of $19.74, indicating that the stock is currently categorized as a Possible Value Trap, Think Twice according to GuruFocus' valuation metrics.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
